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1574 - 1578 Williamsbridge Rd 1578 Williamsbridge Rd 26,911 SF 83% Leased Office Building Bronx, NY 10461 $10,000,000 ($371.60/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Close to public transit
- Short distance to other medical/office/health care buildings
EXECUTIVE SUMMARY
Elevatored Medical Building with a Parking Lot for Sale in the Bronx.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$861,000
|
$31.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$861,000
|
$31.99
|
| Taxes |
$160,000
|
$5.95
|
| Operating Expenses |
$74,000
|
$2.75
|
| Total Expenses |
$234,000
|
$8.70
|
| Net Operating Income |
$627,000
|
$23.30
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $861,000 |
| Annual Per SF | $31.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $861,000 |
| Annual Per SF | $31.99 |
| Taxes | |
|---|---|
| Annual | $160,000 |
| Annual Per SF | $5.95 |
| Operating Expenses | |
|---|---|
| Annual | $74,000 |
| Annual Per SF | $2.75 |
| Total Expenses | |
|---|---|
| Annual | $234,000 |
| Annual Per SF | $8.70 |
| Net Operating Income | |
|---|---|
| Annual | $627,000 |
| Annual Per SF | $23.30 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
26,911 SF
Building Class
B
Year Built
1935
Price
$10,000,000
Price Per SF
$371.60
Cap Rate
6%
NOI
$600,000
Percent Leased
83%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,704 SF
Slab To Slab
8’
Building FAR
1.82
Lot Size
0.34 AC
Zoning
R4 - R4 Zoning
Parking
36 Spaces (1.56 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
5 Exam Rooms, 3 offices and Bathrooms
2 private offices, reception area, reception desk with office, private terrace.
Medical Building very large main room, 2 exam rooms and 1 1/2 baths 900 sq ft for $3500 per month
Top Floor with Skylight, Full Kitchen and Bath in an Elevator Building.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 2D | 2,432 SF | Office/Medical | Full Build-Out | Now |
| 3rd Fl-Ste 3B | 600 SF | Office/Retail | Full Build-Out | Now |
| 3rd Fl-Ste 3D | 900 SF | Office/Medical | Full Build-Out | Now |
| 3rd Fl-Ste 4C | 600 SF | Office/Medical | Partial Build-Out | Now |
2nd Fl-Ste 2D
| Size |
| 2,432 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3B
| Size |
| 600 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 3D
| Size |
| 900 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 4C
| Size |
| 600 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 2D
| Size | 2,432 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
5 Exam Rooms, 3 offices and Bathrooms
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Fl-Ste 3B
| Size | 600 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
2 private offices, reception area, reception desk with office, private terrace.
3rd Fl-Ste 3D
| Size | 900 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Medical Building very large main room, 2 exam rooms and 1 1/2 baths 900 sq ft for $3500 per month
3rd Fl-Ste 4C
| Size | 600 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Top Floor with Skylight, Full Kitchen and Bath in an Elevator Building.
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (86)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $1,521,000 (2025) | |
| Land Assessment | $418,050 (2025) | Annual Taxes | $160,000 ($5.95/SF) |
| Improvements Assessment | $1,102,950 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$418,050 (2025)
Improvements Assessment
$1,102,950 (2025)
Total Assessment
$1,521,000 (2025)
Annual Taxes
$160,000 ($5.95/SF)
Tax Year
2024
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
RV Realty
1574 - 1578 Williamsbridge Rd | 1578 Williamsbridge Rd
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